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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

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  • From: George Wirsching
    Organization(s):

    Comment No: 20531
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00232
    From:
    Sent:
    To:
    Subject:
    George Wirsching
    Saturday, April 24, 2010 3:07 PM
    Metals Hearing
    Position limits in silver contracts
    Dear Sir;
    Thank for the opportunity to comment on the issue of position limits for precious metals.
    Please establish a speculative position limit in COMEX silver of no more than 1500
    contracts. Please restrict any hedging exemptions from those limits to legitimate
    hedgers. Please stop the levels of concentration in COMEX silver futures that have been
    experienced over the past few years on the short side of the market.
    Sincerely,
    George Wirsching